Gen Digital Inc., denoted as GEN on NASDAQ, has recently been outperforming its competitors. The stock soared by 15%, reflecting strong trading activity. Market analysts estimate an undervaluation of GEN's stock by 29%. This indicates a potential buying opportunity. However, an insider has reduced their stake by 51% while CFO Natalie Derse has sold 169,535 shares. Q1 earnings of the company met the estimates, despite a perceived underperformance against the market. Earnings have declined over the last year, with Q4 earnings and revenue estimates relatively matching expectations. The stock hit a 12-month high at $26.78, with the balance sheet still indicating health. The CEO, Vincent Pilette, has sold over $4.5m in the company's stock, sparking some concern. Despite this, Gen Digital's forecast reports suggest below-average Q4 revenue due to weak antivirus software demand. The company reported positive fiscal year results for 2025, resulting in an increase in customers. However, the high debt post-merger and the impact of a new acquisition remain undisclosed. Even so, the company continues to attract young investors, particularly Gen Z participants who prefer digital assets.
Gen Digital Stocks GEN News Analytics from Fri, 15 Jul 2016 13:11:14 GMT to Fri, 27 Sep 2024 21:16:00 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -1
